Saturday, 3 January 2015

Outsourcing software development
has been the trend in the IT world since the rapid development of computer and
internet technology. Not only does outsourcing offers an efficient cost-cutting
solution for the software development and maintenance, it also provides
different businesses and industries with an access to a diverse set of
expertise that breaks the barriers of their own in-house limitations. This
outsourcing trend continues and is even bigger and stronger today, especially
with more businesses relying on technology for some important aspects of their
operations.

The benefits of outsourcing
software product development cannot be denied. Trying to develop any kind of
software product internally can be very taxing in terms of resources and
revenue because companies are forced to engage key personnel in secondary
tasks, which reduces their productivity while draining out the payroll dollars.
Outsourcing, on the other hand, keeps the key personnel focused on other
revenue generating objectives and eliminates the need to add internal staff to
specialize on the tasks. Recruiting additional internal staff increases
overhead risks, especially when taking in unproven talent, which makes outsourcing
to well-established IT Services companies like Q3
Technologies with the right expertise even more beneficial, because companies
like Q3 reduce the risk of unwanted expenditures on failed projects due to
internal development issues.

Outsourced development also
accomplishes the results much faster than in-house development. More than
reducing labor rates, outsourcing software development also speeds up the
process, which can be very beneficial for time-sensitive projects. This also
means that the products can be brought to the market quicker, allowing you to
realize profits faster. With faster development, comes reduced overhead costs
and higher potential profits as well as lower risks of costly project termination.
Reduced overheads also give you the opportunity to introduce your product at a
more competitive pricing rate, while giving you the edge of a stronger market
presence and long term maintenance and support services without spending extra
on retaining any in-house development teams.